My Watchlist for Tuesday, February 21
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Puma Biotechnology Inc (NASDAQ:PBYI) broke out in a big way on great volume. I think we will see some nice follow through tomorrow. This was a $70 stock less than 6 months ago. With almost 24% of the float sold short, this stock is due for a big move higher. Shorts need to buy back stock to profit from their bets which only adds fuel to the FIRE. The next resistance area is around the mid $45 range. Stoch and RSI have room to upside. On watch.
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ContraVir Pharmaceuticals Inc (NASDAQ:CTRV) price is consolidating in an ascending triangle formation with a horizontal resistance at 1.66 zone, a break of which could lead to acceleration toward 1.92-2.14 zone. The MACD and RSI are also rising along with the rise in volumes indicates buying interest in the stock.
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Arrowhead Pharmaceuticals Inc (NASDAQ:ARWR) Still holding. Stock could move toward 2.5 area if it breaks the declining EMA50 at 2.26
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BlackBerry Ltd (NASDAQ:BBRY) The stock broke a key resistance level on a volume expansion. Lots of room to the upside. The technical indicators are showing signs of bullishness.
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Roka Bioscience Inc (NASDAQ:ROKA) is possible trend reversal trade if it breaks 4.85 resistance area. The accumulation/distribution line is starting to curl upward, which should eventually lead to price increases.
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SunPower Corporation (NASDAQ:SPWR) is potential breakout trade above 8.05 resistance area.
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Myriad Genetics, Inc. (NASDAQ:MYGN) had a nice breakout on Friday with decent volume. Resistance was taken out with a thrust and could lead to more upside. Watch for trend continuation toward 20 zone short-term.
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Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.
Thanks for visiting AC Investor Blog.
AC
If you want to contact me for advertising opportunities on blog or twitter, then get in touch via email
Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in AC Investor Blog is often opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.
Thanks for visiting AC Investor Blog.
AC
Labels: ARWR, BBRY, CTRV, MYGN, PBYI, ROKA, SPWR
